July 23, 2013 11:56 am
Copper fell today after hitting a five-week high on Monday amid a broadly weaker dollar. However, the industrial metal was supported by speculation the Chinese government will step in and take action to boost economic growth. On the Comex division of the New York Mercantile Exchange, copper futures for September delivery traded at $3.174 a […]
Read moreJuly 23, 2013 9:59 am
Grain futures were mixed on Tuesday with soybeans marking a minor daily advance, while wheat and corn plunged. On the Chicago Board of Trade, corn futures for September delivery traded at $5.3438 at 9:45 GMT, down 1.04% on the day. Prices held in range between days high and low of $5.3925 and $5.3413 per bushel […]
Read moreJuly 23, 2013 8:35 am
Gold remained fairly steady but retreated from yesterdays one-month high as gaining prices threatened to curb demand. Meanwhile, India introduced further restrictions on gold imports. A weaker dollar supported the metal. On the Comex division of the New York Mercantile Exchange, gold futures for August delivery traded at $1 330.25 an ounce at 8:33 GMT, […]
Read moreJuly 23, 2013 7:42 am
West Texas Intermediate fell on Tuesday, extending yesterdays steep drop as weak U.S. economic data fueled concern over stalling economic recovery and hurt demand prospects. Brent rose amid threats to supply from the Middle East and North Africa. Investors are looking ahead into APIs report on Tuesday and EIAs crude oil inventories statistics on Wednesday. […]
Read moreJuly 23, 2013 6:36 am
Natural gas gained on Tuesday and snapped a two-day losing cycle after posting the biggest intraday decline in three weeks on Monday amid forecasts for mild weather across the Midwest and Northeast U.S. On the New York Mercantile Exchange, natural gas for August delivery traded at $3.700 at 6:33 GMT, up 0.30% on the day. […]
Read moreJuly 22, 2013 2:44 pm
Gold extended positions through Monday and hit a new one-month high after disappointing U.S. economic news pressured further the dollar. Silver and platinum also touched highest levels in a month. On the Comex division of the New York Mercantile Exchange, gold futures for August delivery traded at $1 326.35 at 14:40 GMT, up 2.59% on […]
Read moreJuly 22, 2013 1:55 pm
Soft futures were mixed on Monday with cotton, cocoa and robusta falling, while arabica surged and sugar hit a three-week high as cold weather in Brazil threatened to damage the crop. On the ICE Futures U.S. Exchange, sugar futures for October delivery traded at $0.1638 a pound at 13:50 GMT, up 0.55% on the day. […]
Read moreJuly 22, 2013 12:19 pm
Grain futures were mixed on Monday with wheat and soybeans gaining, while corn fell as rain and cooler weather are expected to improve soil moisture, thus fueling crop outlook. On the Chicago Board of trade, corn futures for September delivery traded at $5.4063 a bushel at 12:15 GMT, down 0.47% on the day. Prices ranged […]
Read moreJuly 22, 2013 10:34 am
Copper rose for a third consecutive day as a broadly weaker greenback supported dollar-denominated commodities and news on Chinas lending reform boosted demand prospects. On the Comex division of the New York Mercantile Exchange, copper futures for September delivery traded at $3.175 a pound at 10:33 GMT, up 1.12% on the day. Prices held in […]
Read moreJuly 22, 2013 9:48 am
Gold rose for a third straight day on Monday, extending last weeks third consecutive gain amid expectations the Federal Reserve will hold back Quantitative Easing tapering, while surging oil prices might spur inflation. On the Comex division of the New York Mercantile Exchange, gold futures for August delivery traded at $1 314.75 at 9:45 GMT, […]
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